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Strategies & Market Trends : General market lab and commentary
SPY 683.47+0.6%Nov 28 4:00 PM EST
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From: Robohogs1/21/2016 11:49:22 AM
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IWM work. Other stuff I have seen says HY owners used IWM to hedge, hence the collapse.



Now, JPM is saying yesterday's stock collapse was driven by gamma hedging, i.e., traders got caught short puts and had to short sale to catch up.
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